{"content":"During previous cycles, such as 2018–2019, bank reserves dropped from around $2.8 trillion to $1.4 trillion. Before repo market stress forced the Fed to halt QT in September 2019 and inject liquidity again. Since then, the Fed has estimated the “minimum comfortable reserve level” to be around $2.8–3.0 trillion. Which aligns with current levels. QT is once again approaching its natural endpoint. ANNOUNCEMENT TODAY? ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/29/953c533991fa339616495cc02e4816b1.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}